Grayscale Ethereum Trust (NYSEARCA:ETHE – Get Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as $12.38 and last traded at $12.45, with a volume of 1246818 shares. The stock had previously closed at $15.07.
Grayscale Ethereum Trust Trading Up 12.0 %
The firm has a 50-day simple moving average of $18.82 and a 200-day simple moving average of $23.60. The firm has a market cap of $1.97 billion, a P/E ratio of 1.69 and a beta of 3.63.
Grayscale Ethereum Trust Company Profile
The Grayscale Ethereum Trust ETF (ETHE) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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